Tag: exchange rate
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Naira Steady Near 1,363 as Reform Dividend Takes Hold
The Nigerian naira held close to N1,363 against the dollar on Monday, as a narrowing gap with the parallel market signalled the firmest currency...
Bank of Ghana Says Reserves Can Handle Cedi Pressure
The Bank of Ghana said its $14.42 billion reserve position gives it enough firepower to absorb seasonal foreign exchange demand without triggering lasting weakness...
Cedi Weakens 8.4% in 2026 as Fundamentals Improve
The Ghana cedi has weakened about 8.4 percent against the United States dollar in the first five months of 2026, even as inflation fell,...
Cedi Slips as Markets Await IMF Review Outcome
The Ghanaian cedi weakened mildly against major foreign currencies over the past two weeks as markets position ahead of the outcome of Ghana's sixth...
Naira Holds Steady as Official, Parallel Rates Converge
The Nigerian naira traded in a narrow and stable band against the United States dollar on Monday, May 11, 2026, with the official and...
